Against the Grain

Globalization, Neoliberalism, and Debt

Why was neoliberalism devised and introduced? What impact did the so-called Third World debt crisis have on poorer countries? Why have capitalists gone on what Vijay Prashad calls an investment strike? The historian, journalist, and author connects the dots in a new working document entitled “In the Ruins of the Present.”

Resources:

Tricontinental: Institute for Social Research

Vijay Prashad, The Poorer Nations: A Possible History of the Global South Verso, 2013

 

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